The magnitude and Cyclical Behavior of Financial Market Frictions

Figure 9

Model-Implied External Finance Premium

75th Percentile

50th Percentile

25th Percentile

Note. Percentiles are weighted by real sales. The counterfactual excercise with a
constant μ = 0.12 uses the firm-specific variance and productivity threshold obtained
from estimating a time-varying μ.

More intriguing information

1. Olfactory Neuroblastoma: Diagnostic Difficulty
2. The name is absent
3. PROFITABILITY OF ALFALFA HAY STORAGE USING PROBABILITIES: AN EXTENSION APPROACH
4. Indirect Effects of Pesticide Regulation and the Food Quality Protection Act
5. On the Desirability of Taxing Charitable Contributions
6. The name is absent
7. The Role of Evidence in Establishing Trust in Repositories
8. Luce Irigaray and divine matter
9. Visual Perception of Humanoid Movement
10. The name is absent
11. The name is absent
12. O funcionalismo de Sellars: uma pesquisa histδrica
13. AGRICULTURAL TRADE LIBERALIZATION UNDER NAFTA: REPORTING ON THE REPORT CARD
14. Strengthening civil society from the outside? Donor driven consultation and participation processes in Poverty Reduction Strategies (PRSP): the Bolivian case
15. The name is absent
16. The name is absent
17. Modelling the Effects of Public Support to Small Firms in the UK - Paradise Gained?
18. The Evolution
19. Education Research Gender, Education and Development - A Partially Annotated and Selective Bibliography
20. Keynesian Dynamics and the Wage-Price Spiral:Estimating a Baseline Disequilibrium Approach